Stock Attack -- A Complete Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Attack -- A Complete Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Judy who wrote (6015)	2/12/1998 3:15:00 PM
From: Ms. X	Read Replies (3) of 42787

Hi Judy, Of course I'm not in on NOKA, nor have I been in on AOL (which I still think is pure lunacy). If you wanted to do a scalp on SUNW you might wait until it hit the resistance at 53. The reason I say this is, it is trading above the bullish support line and the RS is quite positive. It did give a double bottom break at 44 today but this is the first sell signal after 4 consecutive buy signals. Usually we find a sell signal like this to be false. I don't know that the risk reward for a scalp is there. If SUNW gave one more sell signal a scalp on the next rally might work. Next area of support is at 39. I have to say I've never timed a scalp except on a high pole like AOL. Let me know what your indicators are saying. Jan

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next